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May 30, 2023
International Monetary Fund has signed off on an initial loan of $900 million and raised its estimate for the country’s economic growth. Gavin Gray, the IMF’s mission chief to Ukraine, says the economy is showing “remarkable resilience” following Russian attacks on its electricity infrastructure. The outlook on Tuesday improved to 1% to 3% growth this year from minus 3% to plus 1% in an earlier assessment in March. Inflation is coming down and Ukraine's currency is stable despite th...
May 23, 2023
The mission of the International Monetary Fund (IMF) on Tuesday begins work on the first review of the Extended Fund Facility (EFF) with Ukraine, IMF Resident Representative in Ukraine Vahram Stepanyan said.
May 15, 2023
Cannon Falls defeated Randolph 5-4 in a great high school baseball game at Murray Field in Randolph. A very good crowd attended despite the wind and cold rain.
April 12, 2023
The International Monetary Fund (IMF) will study the legislative amendment adopted by the Verkhovna Rada of Ukraine on April 10 on the return of payments of UAH 30,000 to military personnel, simultaneously limiting payments in the public sector, state-owned enterprises, the NBU, NABU, and other government agencies with a limit of UAH 67,000 and will evaluate its impact.
April 5, 2023
The downside scenario with a 10% fall in Ukraine's GDP this year and 2% next year, contained in the Extended Fund Facility (EFF), confirms the readiness of the International Monetary Fund (IMF) to support the country even in the worst case scenario, Governor of the National Bank of Ukraine Andriy Pyshnyy has said.
April 3, 2023
The International Monetary Fund said on Friday (31 March) its executive board approved a four-year $15.6 billion loan programme for Ukraine, part of a global $115bn package to support the countrys economy as it battles Russias 13-month-old invasion. The decision clears the way for an immediate disbursement of about $2.7 billion to Kyiv, and requires […]
April 3, 2023
The International Monetary Fund has approved a $15.6 billion support package for Ukraine to assist with the conflict-hit country's economic recovery, the fund said in a statement Friday. Russia's invasion has devastated Ukraine's economy, causing activity to contract by about 30% last year, destroying much of its capital stock and spreading poverty, according to the…
April 2, 2023
WASHINGTON—The International Monetary Fund (IMF) said on Friday its executive board approved a four-year $15.6 billion loan program ...
April 1, 2023
IMF approves $15.6 bn Ukraine loan package